BSBRSK501B Manage Risk

(1).
SWOT Analysis
Strength
1.Australian chain of upscale mid to high range departmental store
2.Myer has stores in all Australian states and the Australian Capital Territory
3.Variety of brands in affordable price gives consumer a lot of choices
4. Strong brand presence and reputation in Australia
5. Customer-focused service
Weakness
1. Undeveloped distribution channel which serves only in some locations in Australia
2.Retail area prices are increasing still it has inadequate usage of area in showroom
3.Target consumers are present only in Australia and no global presence
Opportunity
1.Foreign players are dominating retail sector so opportunity to tie up with these players…show more content…

It is possible to run a boat rental business without having docks, but having dock space and slips to store your rentals in will let you offer a one-stop location to customers. Even if some of the boats are going to be dry-docked, having water space and a dock to launch from will make your business easier.

Buy the boats. Once you have determined the type of boat you will rent, purchase as many as you want to use. The cost of boats can be high, so you may want to start with a small fleet and then build on it as your business increases.

Select services to offer. You can offer only boat rentals or you can offer water guides to accompany the boats. Price your packages according to the level of services you are providing. Decide whether to rent the boats by the hour, all day or for a week at a time. A combination of all choices will bring you a wider variety of customers.

Get insured. Boat rentals carry a risk. People who go out on the water can get hurt or even killed. Make sure you have secured adequate insurance through a broker familiar with boat policies and business ownership.

Get your business license from city hall before opening your business. Plan a grand opening for approximately a month after your opening day to work the kinks out before the grand opening.

Offer boating safety courses to adults, children and families. Scout troops, senior citizen groups and others can sign up for a weekend class. The first day your instructor can teach them how

Related

Provide support to manage pain and discomfort (HSC 2003)
1. It is important that we take into consideration, areas other than physical pain and have an holistic approach. Pain is whatever the person who is suffering it feels it to be. Physical pain can be experienced as a result of disease or injury, or some other form of bodily distress. For example childbirth. Although not associated with injury or disease, but can be an extremely painful experience. Pain can also be social, emotional and….

|Case 17: Flirting with Risk |
| |
FINANCIAL MANAGEMENT
Answers to Questions of Case 17
1. Imagine you are Bill. How would you explain to Mary the relationship between risk and return of individual stocks?
As the risk increases the potential return….

What are the main risks faced by banks and how does a bank attempt to manage these risks?
A Bank is a financial intermediary that acts as an economic firm producing goods and services. With this view in mind it’s easy to see that a bank exists to make a profit. In order for a bank to be successful and make a profit, it has to take risk. A bank that is averse to risk will be a stagnant institution unable to adequately serve its customers effectively and produce a profit. However, a banking institution….

Long and short positions in these
Portfolio of at least three different options (more is better)
Introduction
All financial institutions bear some sort of risk while dealing with different financial instruments, whether it be corporate treasurers, fund managers or financial institutions, they are all exposed to a certain market risks while carrying out their daily trading activities. There is a possibility that the institution makes a blunder in forecasting the future value of its trade and….

with the thought that something definitely will go wrong.
Should a contingency plan not be created, catastrophic results may occur. It’s evident that every day will not be the same and the likelihood of unforeseen events are typical to take place. Risk identification is a major step in the production of the plans. There may be a history of an issue that needs to be looked at. You may need to create a potential issue and work through the consequences of this happening. There may even be known problems….

RISK MANAGEMENT
Clinical risk is an avoidable increase in the probability of harm occurring to a patient
Clinical Risk Management (CRM) is an approach to improving the quality and safety of healthcare by:


placing special emphasis on identifying circumstances that put patients at risk of harm
acting to prevent or control those risks
CRM helps the hospital: to maintain and improve quality of services
improve patient safety
reduce frequency of litigation
help maintain trust in profession
prevent….

For the student
Please ensure this form is fully completed and attached with the assessment.
Student ID: VFHQDB0073
Student Name: VICKI MCGUREN
Course: DIPLOMA OF MANAGEMENT
Unit Name: MANAGE RISK
Unit Code: BSBRSK501B
Assessment Title:
Assessment No:
Trainer’s name: STEPHEN FURLONG
Due Date:
Intake:
Campus: ONLINE
Plagiarism and collusion constitute cheating. Disciplinary action will be taken against students who engage in plagiarism and collusion. You must retain a soft copy of this assignment….

Fahad Syed
991541355
Risk Management in Obstetrics
Introduction
Obstetrics is defined as the branch of medicine which deals with the care of women during pregnancy, childbirth, and the period during which they recover from childbirth (Agency for healthcare research and quality, 2000).
The major factor that makes obstetrics a high risk area is expectation. The majority of women who are about to give birth tend to be young and healthy (Clements, 2001). Naturally, they expect to give birth to….